Meten EdtechX Education Group Ltd (METX)

[Dragon Lady]

Timber - when does this become a buy. Just watching from the side lines...

I have no idea - I made a great couple of flip trades for decent bank (ANY trade that makes money = a good trade, I don't care if it's $50 bucks vs taking a loss) and I am 100% out of this now.

With this kind of violent drop(s) and what appears to be massive shorting and what I learned yesterday of a recent massive cash raise loaded with "Kicker" warrants - who the heck knows if it will bottom or what ?

Those warrant "KICKERS" ALWAYS = hedge fund boys and they play dirty pool and hard ball and are relentless !!

I don't know how the hell I missed it - as the I-HUB news box right above these postings says "PRE FUNDED WARRANTS OFFERING" LOL !!!

RED FLAG to me whenever "pre funded warrants" are used - they 100% = hedge funds and these dude's got like 200 MILLION of the damn things for this METX $60 mil cash raish, which is almost unheard of in my experience ??

I'm out - I'll put METX on the ole watch list but am not going to touch it till things cool down from here. Just too dicey for my tastes - even for a flip as the thing is jumping around in swings so fast and so violent it's beyond my trading platform and computer speed -

you'd need a supercomputer and 100 giga bit fiber pipe straight to the NASDAQ system LOL !!